Flashcards in Chapter 1 Life Deck (5):
At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act?
Upon completion of the application
Who elects the governing body of a mutual insurance company?
An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the
Fair Credit Reporting Act
What type of reinsurance contract involves two companies automatically sharing their risk exposure?